Today, Dell Inc.'s founder Michael Dell announced that the majority shareholders of the company had voted in favor of his planned privatization of the computer maker firm.
Tags: Silver Lake Partners
Avago to buy Broadcom for $37 billion in biggest-ever chip deal
Avago Technologies Ltd (AVGO.O) agreed on Thursday to buy Broadcom Corp (BRCM.O) for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players.
T Rowe's challenge to Dell deal may fuel critics of 'appraisal'
An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could face a major courtroom test as soon as Monday, when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker.
Temasek buys stake in U.S. electronic trading firm Virtu
Singapore state investor Temasek Holdings has agreed to buy a minority stake in Virtu Financial Inc, the New York-based electronic dealing firm said on Monday, in a bet on the growth of automated trading globally.
William Morris wins takeover bid for IMG -sources
Sources on Tuesday told the New York Times that William Morris Endeavor Entertainment has won the auction for sports and media talent agency IMG Worldwide. With a $2.3 billion offer, WME beat two other bidders backed by private equity firms.
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The reported collaboration between BlackBerry and Silver Lake Partners could help each other grow their individual market share.
BlackBerry stocks soared by 9% to US$10.08 in trading on early Friday following reports about its possible privatization.
Several sources said that BlackBerry is currently considering the possibility of taking the company private.
Carl Icahn sued Dell Inc. last Thursday as he tried to disrupt a USD24.4 million takeover bid from founder, Michael Dell and Silver Lake.
Michael Dell and Silver Lake's request to alter voting rules for their USD24.4 billion takeover deal was rejected by the company's special committee.
Dell Inc’s shares fell more than 3% on Friday after investors grew skeptical if Michael Della and Silver Lake Partners could raise their buyout bid of US$13.65 per share piece.
Dell's share values fell 3% as investors become more skeptical as to the financing of the Dell-Silver Lake offer.
Icahn was able to finalize US$5.2 billion in loan commitments as it continues on its quest to acquire Dell from privatization.
Icahn, seeking to fight off the Dell-Silver Lake bid, is asking investors to dig deep and put their money on the computer maker.
